South Street Partners buys Palmetto Bluff



Bridge

Bridge to Wilson | Photo provided by Palmetto Bluff







South Street Partners has announced its purchase of Palmetto Bluff in a joint venture with real estate manager Henderson Park the largest transaction in SC history.

South Street is the largest master-planned community developer in the Southeast. The company now owns 3 major SC communitiesPalmetto Bluff and The Cliffs — and is the owner of the residential development of Kiawah Island which includes Kiawah Island Real Estate and Kiawah Island Club.

Housing demand in these communities has skyrocketed since the pandemic — both The Cliffs + Kiawah Island experienced record-breaking home sales in 2020 and a record number of new homes have broken ground.

River Road Preserve | Photo provided by Palmetto Bluff

South Street acquired Palmetto Bluff in 2021 — a 20k-acre property by the Intracoastal Waterway in SC. The area has 32 miles of riverfront, Southern-style neighborhoods, and a luxury golf course. New developments will include a second golf club and Anson Village.

Deets: Justin Bieber + Hailey Bieber married in Palmetto Bluff in Sept. 2019 at Montage Palmetto Bluff. Former Clemson QB Trevor Lawrencefirst pick of the 2021 NFL Draft for the Jacksonville Jaguars — married Marissa Mowry at the same hotel in April 2021.

Digs: 127 Mount Pelia Rd. is currently for sale for $3.65 million. This 3-bedroom abode boasts waterfront views. 165 Hunting Lodge Rd.  is on the market for $1,679,456 featuring two-story porches, plus 4 beds and 4 baths. See more Palmetto Bluff properties for sale here.

The Cliffs (~245 miles from Charleston)

The Cliffs | Photo Courtesy of The Cliffs

South Street purchased The Cliffs in 2019, a collection of 7 private residential communities in the Western Carolina mountains. This 30k-acre zone has 7 golf courses, 7 wellness centers, an equestrian center + a marina. See more The Cliffs properties for sale here.

Digs: 47 Ridge Pine Trail has 4 beds and 6.5 baths is up for sale in Arden and costs $3,495,000. 126 Waterfern Ct. has both mountain + waterfront views and the price tag reads $6.5 million.

Kiawah Island (~27 miles from Charleston)

Kiawah Island | Photo by Kiawah Island Club & Real Estate – Patrick O’ Brien

South Street bought Kiawah Partners, Kiawah Island Club, and Kiawah Island Real Estate in 2013. This barrier island in the Lowcountry has 10 miles of shoreline with tennis, boating + golf venues. The 2012 and 2021 PGA Championships were even held at Kiawah Island Golf Resort.

Digs: If you have $19 million lying around, check out the 2-acre 133 Flyway Dr. on Kiawah. 343 Surfsong Rd. is up for grabs for $11.5 million and boasts over 9,100 sq. ft. See more Kiawah Island properties for sale here

Poll





Read More: South Street Partners buys Palmetto Bluff

728×90